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    Foundations of Finance
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    Exam 5: The Time Value of Money
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    The Price of a Computer Today Is $400 and Inflation
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The Price of a Computer Today Is $400 and Inflation

Question 61

Question 61

True/False

The price of a computer today is $400 and inflation is 5% per year.Therefore,in two years the price of the computer is expected to be $440.

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